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NextEra Energy and Google Collaborate on Accelerating Nuclear Power Deployment

LCG, October 28, 2025--NextEra Energy and Google yesterday announced two agreements that will help meet growing electricity demand from artificial intelligence (AI) with clean, reliable, 24/7 nuclear power and strengthen the nation's nuclear leadership. First, Google signed a new, 25-year agreement for power generated at the Duane Arnold Energy Center, Iowa's only nuclear power facility. The 601-MW boiling water reactor unit was shut down in 2020 and is expected to commence operations by the first quarter of 2029, pending regulatory approvals to restart the plant.

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Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

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Industry News

UK's Ofgem Chief: Dereg Doesn't Mean California

LCG, Oct. 11, 2001--Callum McCarthy, head of British energy regulatory body, the Office of Gas and Electricity markets, was in Washington, D.C., yesterday, where he told the European Institute that electric deregulation doesn't necessarily lead to a California-style energy crisis.

"California is not the inevitable result of liberalizing energy markets," McCarthy said. "The British experience, as well as that in the Nordic countries of Europe and individual states in Australia, show that privatization and liberalization can bring very real customer benefits."

McCarthy said the British experience showed quite the opposite -- he said 14 million customers have switched their sources of supply, with 167,000 switching every week. All of those customers, he said, benefit from the downward pressure on prices which competition has brought and continues to exert.

Since the UK privatized and deregulated its energy sector, residential gas prices have fallen 37 percent and residential electricity prices 28 percent, McCarthy said. Today, Britain has a more diverse energy mix than at any time in its history, interruptions are even rarer today than they were a decade ago and generation capacity exceeds demand by almost 30 per cent, he added.

"There is not much, therefore, that is obviously wrong with the way in which the British energy market operates," McCarthy concluded. "Those who search for market failures to correct have some difficulty in identifying what they are. They have even more difficulty in demonstrating that there is an administrative solution which will improve matters."

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